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a number of years in the spanish government from 1977 to 82. he was an active participant in the negotiations for spanish entry to what is now the european union, the european economic community. he also participated in a number of spanish negotiation then they got, not wto and with the european union and spain a century into the union after democracy was restored in spain and spain was welcomed into the european community process. in the last year at this government coming was minister of the presidency, played a very essential role in the entire spanish government situation. shortly after he joined banco santander and has now been there for over 20 years. he is now vice-chairman of the bank, member of the board, also member of the board of banesto, banco santander in portugal, a member of the board of a number of other financial companies in the group and is president of the print of the foundation and spain. i think we are uniquely privileged data to have a speaker from banco santander with its unique ability to see both the spanish situation, the overall banking situat
and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have to go back and authorized congress for more trillions of dollars of borrowing. the republicans and lots of people in congress don't want to authorize that. so there is going to be a bloody negotiation, unless they can work a deal. in a sense, this is a book about the past, but it's about the present. it is about where we are going and what the country's future is. if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president b
working for our government needs to have protection, and that is an abject failure and that should be a big thing in this election. a chocolates look at mitt romney's comments yesterday in virginia -- host: let's look at mitt romney put the comments just in virginia. [video clip] >> the attacks on america should not be seen as random act. they are a larger struggle that is played out over the middle east, a region that is in the midst of the most profound upheaval in a century. the fault lines of this struggle can be seen in benghazi. the attack on our consulate on september 11, 2012, was likely the work of forces affiliated with those that affect our homeland on september 11, 2001. the latest result can not be blamed on a reprehensible video, despite the administration's attempts to convince us of that. the administration has finally conceded these attacks were the deliver work of terrorists they use violence to impose their ideology on others and who seek to wage perpetual war on the west. guest: it is interesting. on the one hand, mitt romney was criticized for his initial respo
grows at its fastest rate in seven months, while the government gets set to take another swing at boosting it through foreign investments. thanks very much for joining me. anyone that's missing ross, he'll be back in tomorrow. but for now, you're all mine. . plenty to come on the next couple hours of the show. lots of guests to help us figure out what's going on. we'll get a view from sydney about cautious shoppers. borrowing costs are expected to fall. we'll bring you those results from madrid. and we'll head out to malaysia for an exclusive interview with the country's prime minister. >>> it's very presidential music to bringis to this topic, which is really dominating the headlines today. president obama and republican rival mitt romney met face to face last night in denver, colorado for their first u.s. presidential debate. it really focused mostly on the economy. with a mnt to onth to go before election, both men had to prove to voters that they're the right man for the country. john harwood got a firsthand view of the debate and filed this report from denver. >> the first
people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighters and park rangers across the country. republicans in the senate voted that plane down. ask them why som
, and it will bei be not much else other than more government spending. and that won't make the difference. so i think fiscal uncertainty has to be removed in order for the corporates to spend the huge amount of cash that they're holding. and at this point not investing. the fiscal -- i don't want to call it the fiscal cliff because that's not so important. the question is getting certainty into the situation for corporates to invest again. >> okay, good to have you on on. plenty more to come from you. but what do you think the jobs number will be? let us know. e-mail or tweet us. so just over an hour into the trading day here in europe. let's show you where we stand. just weighted to the up side. pretty flat day for european stocks. 6:4 advancers currently outpacing decliners. we are a quarter percent higher on the ibex, as well. let's show you where we stand. yields are still below 6%. 5.8% mar begin alley higher. we'll keep our eyes on u.s. yields. we got down to 1.66 is where we stand at the moment on those u.s. ten years, as well. as far as currency markets are concerned, euro-dollar just h
at bloomberg government, the roth political report -- and a reminder that if you enjoyed today, we do this for state of the industry conferences. a reminder -- in four weeks, election day will be held. a couple of days afterward, we will have a major event at the chamber, on the morning of november 8. we hope you will mark our -- mark your calendars and join us. thank you very much, and have a great day. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> both presidential candidates are in ohio, with rallies this afternoon. mitt romney is a kind of false -- is at the falls. the president fifth event at ohio state university will start shortly. meanwhile, a discussion of how the presidential race shapes up. >> we will be getting electoral scoreboard updates from a lot of publications. today, we feature "the wall street journal." which are joined by a political reporter there. thank you for joining us. guest: thank you for having me. host: what are we looking at? guest: you can see which states we have classifie
. this as the spanish government is apparently ready to ask for a full bailout, but is being told to wait by germany. angela merkel is reluctant to put more aid requests in front of her parliament, both sides have denied that story. but it does come just a day after meeting between the eu and sm spanish economics minister. julia is in madrid with her own thoughts on this. you heard jim says it's only a matter of time really, so we just have to work out when. >>> that's certainly what the markets expect. also the message is that it's really difficult for the germans to say, hey, these three separate times on greece, cypress and perhaps on spain particularly after they've just received the banking bailout. the biggest shift seem to be in perhaps the spanish sentiment in this article that they're ready to ask as early as this week. so critical to him. they have to think of a bailout and also the enhanced credit line. it doesn't really make a distinction between the two. but of course the budget that we got at the end of last week suggested that they were laying the foundations of course for aid and of
which has allowed him to fill up those government coffers, and his government proposes that, yes, they have shared the wealth, and it's true that even according to the u.n. there are fewer people today living in poverty in venezuela than there were when chavez took office. you know, randi, there is a sense here that, look, his time is over, and that's not just because he fought cancer. he claims he's cancer-free but on the campaign trail he isn't looking very healthy, and there is this sense that chavez revolution, the very left wing socialist revolution that he started, could be waning and the problem is taking from government coffers they haven't really invested as much. if you start from that oil infrastructure moving right down to the roads, in caracas, in the capital or out to the regions where there's lots of power, this is a country hanging on by a fiscal threat and they say next year default is perhaps possible and for sure financial restructuring will have to happen, and that could mean a devaluation of the currency here. randi? >> paula, what is at stake really for the
officer give as firsthand account of what is happening inside the government. "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. i'm in deep, babe. you certainly are. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [
is here basically to talk to the greek government about what it's doing to try to reduce its debt, to pave the way for yet another set of international money, the next installment of $16 billion or so, which greece need to keep from going bankrupt, is due next month. merkel is in support for the measures that have taken place here, measures that have made a lot of people very angry. so quiet here so far. not quiet, but peaceful here so far, but it's going to be an eventful day. >>> time now to show you some of this morning it's headlines from around the globe. "the washington post" reports on a new poll showing 20% of americans have no religious affiliation. the pew research center says that number was just 8% in 1990. and for the first time, fewer than half of americans identify themselves as protestants. >>> north korea says it can hit the united states mainland with a missile. accoing to britain's "guardian." it's unclear if that claim is accurate. of course, highly doubtful. the announcement follows a missile deal between the u.s. and south korea. north korea claims that a conspiracy t
Search Results 0 to 12 of about 13 (some duplicates have been removed)

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